Morgan Stanley Maintains Underweight on FactSet Research Systems, Raises Price Target to $352
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Toni Kaplan has maintained an 'Underweight' rating on FactSet Research Systems (NYSE:FDS) and raised the price target from $332 to $352.
September 22, 2023 | 12:15 pm
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FactSet Research Systems' price target has been raised from $332 to $352 by Morgan Stanley, while maintaining an 'Underweight' rating.
The news directly pertains to FactSet Research Systems (FDS). While the raised price target might suggest a positive outlook, the 'Underweight' rating indicates that the analyst believes the stock may underperform compared to other stocks in the market. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100